Lori Gustafson

15549 Michele Lane

Eden Prairie, MN
$ 510,000 Beds 4 Baths 3 Sq 2,231
Monthly Estimate* How much can I afford?

Welcome to 15549 Michele Lane in Eden Prairie! Conveniently located near 494 and 62, this home offers the privacy of a 0.46-acre wooded backyard near a cul-de-sac. The owner has taken care in maintaining the home for 35 years, and with some TLC the perennials in the backyard will flourish once again. New in July 2026 are the FURNACE and A/C. The kitchen was updated in 2020, featuring new cupboards, granite countertops, and stainless steel appliances. Roof was replaced in 2014. The owner's suite features its own bathroom and large walk-in closet! The four-level split home allows for both open and separate living areas when desired. The three-season porch is the perfect zen space overlooking the greenery. Large unfinished utility room includes a workbench, storage shelving, and laundry area. Schedule a tour today!

Single Family

  • Price
  • $ 510,000
  • City
  • Eden Prairie
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Edenvale 14th Add
  • Lot Size
  • 0.46 Acres
  • Zip
  • 55346
  • Sqr Footage
  • 2,231
  • Year Built
  • 1986
  • Taxes
  • $ 5810
  • Style
  • Single Family
  • MLS#
  • 7143985
Listed By: Realty ONE Group SIMPLIFIED
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2231
Sewer City Sewer/Connected
Heating Forced Air,Hot Water
Cooling Central Air
Roof Age Over 8 Years,Asphalt
Appliances Chandelier,Dishwasher,Disposal,Dryer,Gas Water Heater,Microwave,Range,Refrigerator,Stainless Steel Appliances,Water Softener Owned
Garage Spaces 2
Construction Materials Block,Concrete
Year Built 1986
Electric Circuit Breakers,150 Amp Service
Levels Four or More Level Split
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Edenvale 14th Add
Full Baths 1
Directions Hwy 494 to 62 West,left onto Baker Rd,right onto Edenvale Blvd,right onto Hallmark Dr,left onto Michele Ln
City Eden Prairie
High School District Eden Prairie
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 5810
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Deck,Primary Bedroom Walk-In Closet,Porch,In-Ground Sprinkler
PostalCity Eden Prairie

Interior Features

Basement Finished
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1296
3/4 Baths 2
Laundry Features In Basement,Gas Dryer Hookup,Laundry Room,Washer Hookup
Total Bedrooms 4
Below Grade Finished Area 935
Total Baths 3
Bath Desc 3/4 Basement,3/4 Primary,Upper Level Full Bath
Dining Room Description Eat In Kitchen
Foundation Dimensions 42.5x41
Fuel Electric,Natural Gas
Garage Dimensions 23.5x19
Garage Square Feet 446

Exterior Features

Fencing Wire,Wood
Parking Features Attached Garage
Lot Features Irregular Lot
Water Source City Water/Connected
Lot Size Area 0.46
Building Area Total 2592
Lot Dimensions 60x194x120x21x271
Waterfront Y/N No
Foundation Area 1742
Road Frontage Type Cul De Sac,Paved Streets
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/18/2026 Listed $535,000
9/24/2026 5% - $510,000

Property vs Zip Code Average in 55346

Price
AVG $620K
$510K
Taxes
AVG $7,050
$5,810
Year Built
AVG 1983
1986
Visits
AVG 76
12
Data Provided by Inside Real Estate®

Areas That We Cover

15549 Michele Lane Eden Prairie, MN is a Single Family Home for sale at $510000 with 2231 sqft and a lot size of 0.46 Acres Acre(s). 15549 Michele Lane Eden Prairie has 4 bedrooms, 3 baths and was built in 1986. The property's zip code is 55346 which is in Eden Prairie, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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